What is Aflac Critical Illness Insurance?

Chances are you may know someone
who’s been diagnosed with a critical illness like Cancer or Heart Disease. You
can’t help noticing the difference in the person’s life—both physically and
emotionally. What’s not so obvious is the impact a critical illness may have on
someone’s personal finances.

While a major medical plan may
pay for a good portion of the costs associated with a critical illness, there
are a lot of expenses that may not be covered. During recovery, having to worry
about out-of-pocket expenses is the last thing anyone needs.

Most importantly, this plan helps
you focus on recuperation instead of the distraction of out-of-pocket costs.
With the Critical Illness plan, you receive a lump sum cash benefit at the time
of diagnosis. This benefit is directly paid to you giving you the flexibility
to reimburse yourself for unexpected out of pocket costs, to take time off work
or to afford some additional help around the house. The benefits are yours to
use however you see fit.

What is New?

This year, SDPEBA is now offering a new version of the popular
Critical Illness plan.

Group Critical Illness plan changes:

No
pre-existing condition exclusions. As long as the diagnosis is after 8-1-19,
policyholders will be eligible for benefits.

No
age restrictions. There is no longer an age limit for enrolling.

No
reduction in benefits due to age. The previously offered plan’s coverage was
reduced by 50% at age 70.

5
new conditions were added:

Paralysis,
and Bone Marrow Transplants

Loss
of Sight, Loss of Hearing, Loss of Speech

New
cancer benefit:

A
$500 benefit will be paid every year for 5 years if diagnosed with cancer.

New
childhood conditions added:

Autism,
Childhood Diabetes, and more.

Do I need to re-enroll to get
the new plans and rates?

Yes, all employees who previously enrolled in the Aflac Critical
Illness plan will need to re-enroll in order to take advantage of the new plans
and benefits. If you do not re-enroll you will keep the plans you previously
had. The plans are not automatically upgraded to the new versions. We recommend
that you consult one of our Aflac Benefits specialists before making any
changes to your current Critical Illness plans to see if the new plan is the
right fit for you.

How to enroll:

The deadline to enroll in Aflac is June 30th, 2019. SDPEBA
Aflac specialists are available to assist you until 5pm on June 28th,
2019.